Bitcoin bazooka to fizzle

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by Chris Becker

The undollar crypto currency the mainstream economists love to hate – Bitcoin – has seen a meteoric rebirth since the start of March this year, tripling in “value”:

Having reached nearly $USD14000 mid way through last week, Bitcoin also showed why for most investors/speculators, its something to avoid traversing in the short term, having fallen over $3000 per coin in less than 24 hours:

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